ARTICLE
24 March 2017

Lincoln Caylor: Don't Bet On Unsupported Worldwide Order To Secure Assets

BJ
Bennett Jones LLP

Contributor

Bennett Jones is one of Canada's premier business law firms and home to 500 lawyers and business advisors. With deep experience in complex transactions and litigation matters, the firm is well equipped to advise businesses and investors with Canadian ventures, and connect Canadian businesses and investors with opportunities around the world.
The English Court of Appeal recently upheld an order freezing £4.4 million (US $5.35 million) allegedly obtained through a corruption scheme involving Chadian diplomats and a Canadian oil and gas company
United Kingdom Criminal Law

The English Court of Appeal recently upheld an order freezing £4.4 million (US $5.35 million) allegedly obtained through a corruption scheme involving Chadian diplomats and a Canadian oil and gas company. In Saleh v. Serious Fraud Office, [2017] EWCA Civ 18, the court rejected the appellant's position: A Canadian court had conclusively declared that the assets were not proceeds of a crime. By dismissing this argument, the English court put foreign lawyers on notice that it will not be bound by sweeping orders rendered without the benefit of an adjudicative process.

Lincoln Caylor authored " Don't Bet on Unsupported Worldwide Order to Secure Assets" published in Law360.

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